$145,000
SOLD NOV 16, 2023

10520 SW 85th Terrace Ocala, FL 34481

2 Beds
1 Bath
768 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

42 Days on Market

Highlights

  • Senior Community
  • 1 Car Attached Garage
  • Garden
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2023

Over 55 living at its best - whether you chose to make this you home base or you "snowbird" home away from home - Palm Cay has everything you need - and right in the heart of Ocala. The community includes trash pick up, a guard at the gate, pool, tennis court, fitness center, and clubhouse and is close to hospitals, doctors, dentists, shopping and restaurants. The home is a charming 2 bedroom 1 bathroom with a wonderful Florida room. In need of some updating but at the listed price you can afford to change anything and make this your dream come true - the potential is endless !

Last Agent to Sell the Property

Laura McPhilips

KELLER WILLIAMS REALTY AT THE LAKES Brokerage Phone: 407-717-6008 License #3214806 Listed on: 09/06/2023

KELLER WILLIAMS REALTY AT THE LAKES

Last Buyer's Agent

Linda Bega

LANDMARK REALTY License #393153

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 83x125
  • Southeast Facing Home
  • Garden
  • Property is zoned B4

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Cooktop

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Senior Community
  • Palm Cay Association
  • Palm Cay Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,856

Year Built

Built in 1988

Lot Details

0

HOA Fees

$138 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Siding
  • Fireplace: No
  • Living Area: 768
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 768
  • Lot Size Sq Ft: 10454
  • Directions to Property: From Highway 200 to Palm Cay - first left after the gatehouse
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 199570485
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 188.80
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Master Bedroom Main Floor
  • Appliances Included: Cooktop, Dryer, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10520
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 71.35
  • Room Count: 4

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Garden
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 138
  • Association Fee Frequency: Monthly
  • Association Name: Palm Cay
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1656.00
  • Total Monthly Fees: 138.00
  • Monthly HOA Amount: 138.00

Lot Info

  • Zoning: B4
  • Parcel Number: 35773-001-06
  • Additional Parcels: No
  • Lot Dimensions: 83x125
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 971

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1855.65
  • Tax Block: A
  • Tax Book Number: Y-049
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Chance Tammy and Chance Tammy N
Bought by
Chance Tammy N and Tammy N Chance Trust

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 16, 2023
Sold by
St Jude Childrens Research Hospital Inc
Bought by
Chance Tammy
Seller's Agent
Laura McPhilips
KELLER WILLIAMS REALTY AT THE LAKES
Buyer's Agent
Linda Bega
LANDMARK REALTY
List Price
$145,000
Sold Price
$145,000
Views
462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%
Original Mortgage
$142,373
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2019
Sold by
Earls Barbara
Bought by
St Jude Children S Research Holspital

Purchase Details

Closed on
Jun 1, 2002
Sold by
Obrien Donald E and Obrien Carolyn R
Bought by
Earls Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
6.79%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $145,000 Celebration Title Group
Deed -- Attorney
Warranty Deed $41,000 Advanced Title & S S Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,373 FHA
Previous Owner $27,000 New Conventional
Previous Owner $28,000 Unknown
Previous Owner $15,000 Credit Line Revolving
Previous Owner $32,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $125,000 -13.8% $163 / Sq Ft
11/16/2023 11/16/23 Sold $145,000 0.0% $189 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $145,000 0.0% $189 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $145,000 -- $189 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,255 $108,131 $0 $0
2022 $1,856 $98,301 $36,250 $62,051
2021 $531 $39,246 $0 $0
2020 $524 $38,704 $0 $0
2019 $512 $37,834 $0 $0
2018 $487 $37,129 $0 $0
2017 $475 $36,365 $0 $0
2016 $444 $35,617 $0 $0
2015 $436 $35,369 $0 $0
2014 $423 $35,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6139579

Stellar MLS

APN: 35773-001-06